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Nov 29, 2012
11/12
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if you take president obama's tax increases, $82 billion a year. that doesn't even run -- that barely runs the post office for a year, much less the federal government. so there's not enough money there. you have to deal with into it with elements if you ever want to get this under control. simon keeps saying that the democrats are not intransgem. this is a letter signed by 33 senate democrats saying no changes to social security at all, ever, under any deal. megyn: even future. >> future. and year-end future. the democrats are absolutely intransigent on entitlements, this is what they're secretly saying to their supporters, and that's why they're going to go off the cliff. megyn: simon raises points about the president's budget and proposed spending cuts, but we have not had a budget out of the democrat-controlled senate in more than three years now. he wasn't able to get a vote -- >> i bet the democrats vote that one down too, like the last one. megyn: we'll see what happens. we're only in december. thanks, guys. >> thanks, megyn. megyn: coming u
if you take president obama's tax increases, $82 billion a year. that doesn't even run -- that barely runs the post office for a year, much less the federal government. so there's not enough money there. you have to deal with into it with elements if you ever want to get this under control. simon keeps saying that the democrats are not intransgem. this is a letter signed by 33 senate democrats saying no changes to social security at all, ever, under any deal. megyn: even future. >>...
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Dec 2, 2012
12/12
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obama under the white house proposal. the president would have the power to raise the debt limit on his own, whenever he wants, as needed. speaker boehner saying congress isn't budging on that issue and here is what he had to say on fox news sunday. >> congress will never give up the power and i made it clear to the president that when we get to the debt limit we need to cut some reforms that are greater than the increase in the debt limit. it is the only way to leverage the political process to produce more change than if left alone. >>gregg: you can see more of the remarks on "fox news sunday" at the top of the hour. >> extreme weather on the west coast flood advisories in effect for storm ravaged parts of northern california as another storm bringing heavy rain and police and fire officials wanting the napa and russian rivers expected to break their banks. and now, streaming live from northern california. >>reporter: yes, the banks are about to break any moment now, 12 hours ago there was torrential rain it looked to b
obama under the white house proposal. the president would have the power to raise the debt limit on his own, whenever he wants, as needed. speaker boehner saying congress isn't budging on that issue and here is what he had to say on fox news sunday. >> congress will never give up the power and i made it clear to the president that when we get to the debt limit we need to cut some reforms that are greater than the increase in the debt limit. it is the only way to leverage the political...
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Dec 2, 2012
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. >> wall street they side with president obama when it comes to control of the debt ceiling. john boehner says it won't happen. >> i made it clear to the president every time we get to debt limit we need to cut reforms greater than increase in debt limit. only way the political process to produce more change than what it would if left alone. >> brenda buttner joins us. why would anyone want to give one machine power over this. >> the reason that wall street does it, wing thing it hates is uncertainty. if you remember when the talks went on and fell apart there was a downgrade, threat of default. wall street was up. and down. they want to know that someone can raise the debt limit without a prolonged battle. the battles in congress do affect wall street. >> some would say this means, bring it on in. add more. pile it up more. there would be no control. >> yes. boehner actually said in the last sound bite something important. the only leverage republicans have with the president they have control over raising that debt limit. especially what the president would like to do is sa
. >> wall street they side with president obama when it comes to control of the debt ceiling. john boehner says it won't happen. >> i made it clear to the president every time we get to debt limit we need to cut reforms greater than increase in debt limit. only way the political process to produce more change than what it would if left alone. >> brenda buttner joins us. why would anyone want to give one machine power over this. >> the reason that wall street does it,...
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Dec 3, 2012
12/12
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president obama released his plan. it includes 1.6 trillion dollars in new tax increases. 50 billion in new stimulus spending. and stimulus, and new power to raise the debt ceiling without congressional approval. tim geithner, john boehner appearing with chris wallace on fox news sunday. >> we're nowhere, period. we're nowhere. we put a serious offer on the table by putting revenues up there to get this question resolved but the white house has responded with virtually nothing. they have actually asked for more revenue than they have been asking the whole entire time. >> in kind of a tough position now. it is going to be, obviously a little hard for them now. they're trying to figure out where they go next. we might need to give them a little more time to let them go next. we did what you expect from us. we laid out a very detailed, carefully designed set of spending savings and tax changes that help put us back on a path to fiscal responsibility. bill: where are we now? senior white house foreign affairs correspondent
president obama released his plan. it includes 1.6 trillion dollars in new tax increases. 50 billion in new stimulus spending. and stimulus, and new power to raise the debt ceiling without congressional approval. tim geithner, john boehner appearing with chris wallace on fox news sunday. >> we're nowhere, period. we're nowhere. we put a serious offer on the table by putting revenues up there to get this question resolved but the white house has responded with virtually nothing. they have...
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Dec 5, 2012
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voted for president obama by 20 point. deeply in debt. to suggest we need help from d.c., maybe that detroit city councilmember opened up the door for a request for a federal bailout. martha: one of the biggest burdens on the municipality have been the deals the public unions have struck for their workers. we have seen it in places where the promises have been made where there i not the money to support. i there any question the administration -- that the president is open to the idea that the president is open to bail out these municipalities? >> there is no mention so far. but you are right to point out the union connect. president obama's reelect heavily supported by municipal unions and it's the pensions promised to municipal union workers, that is what is strangling many of the states that are in such dire straight. illinois and california in particular. will quid pro quo be called in by municipal unions like it has been called in by the municipal councilmember. martha: what happens if they don't get it. what happens if there aren't
voted for president obama by 20 point. deeply in debt. to suggest we need help from d.c., maybe that detroit city councilmember opened up the door for a request for a federal bailout. martha: one of the biggest burdens on the municipality have been the deals the public unions have struck for their workers. we have seen it in places where the promises have been made where there i not the money to support. i there any question the administration -- that the president is open to the idea that the...
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Dec 5, 2012
12/12
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president obama warns republicans not to create another debt ceiling crisis as a tactic in the budget talks. >> that is a bad strategy for america, it's a bad strategy for your businesses, and it is not a game that i will play. >> the speaker says the president's opening bid couldn't even pass the democratic led senate. boehner is ready for a sit down with the president. >> we can't sit here and negotiate with ourselves and if the president doesn't agree with our proposal and our outline, i think he's got an obligation to send one to the congress. and a plan that can pass both chambers of congress. >> a rare senate appearance, by former majority leader bob dole wasn't enough to win over republican support for a treaty promising equal rights for people with disabilities. we'll talk with the leading sponsor john kerry about what he called one of the sadsest days of his long senate career. >> this vote is to test whether the senate will stand up for those who cannot see or hear and whether senators can hear the truth and see the facts. >> at nato today, secretary of state hillary clinton
president obama warns republicans not to create another debt ceiling crisis as a tactic in the budget talks. >> that is a bad strategy for america, it's a bad strategy for your businesses, and it is not a game that i will play. >> the speaker says the president's opening bid couldn't even pass the democratic led senate. boehner is ready for a sit down with the president. >> we can't sit here and negotiate with ourselves and if the president doesn't agree with our proposal and...
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debt ceiling. president obama pushed for the power trance fosform as part of white house plan they unveiled a week ago. fiscal cliff, 26 days away. christine romans explains how going over the cliff could affect you and your family. >> reporter: brooke, here's what the sequester could mean for domestic programs. fewer women and children with assistance and child care aid. cuts to education nearly 100,000 head start spots at risk. more than 25,000 teachers and teachers aids could lose their jobs and science and public research grants could be cut including in to cancer and childhood diseases. fewer americans could receive drug abuse treatment and $700 million slashed from the epa budget. cutting back of food inspection. disaster relief, omb says, quote, the federal emergency management administration's ability to respond would be undermined. and finally, from border patrol to hiring new fbi agents, correction officers, federal prosecutors, all could be scaled back. now, all of these cuts, brooke, do
debt ceiling. president obama pushed for the power trance fosform as part of white house plan they unveiled a week ago. fiscal cliff, 26 days away. christine romans explains how going over the cliff could affect you and your family. >> reporter: brooke, here's what the sequester could mean for domestic programs. fewer women and children with assistance and child care aid. cuts to education nearly 100,000 head start spots at risk. more than 25,000 teachers and teachers aids could lose...
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Dec 3, 2012
12/12
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this is clearly a different president obama than the one we saw during the debt ceiling negotiations or even after the midterm elections in 2010 when he felt a little weakened and there was the extension of those bush tax cuts for the wealthy. so i think when you're seeing here is a president who put this on the table, trying to please his base, okay? which got him elected after all. saying, this is my wish list, this is in a perfect world, this is what i would do. i don't think anyone at the white house expected the republicans to say, oh, thank you mr. president, yes, this looks lovely. let's go on and work on a deal. no, that's not what it was. the white house -- this is alfonse gaston a little bit here. and so they're waiting for the republican response. and what they're really talking about, brooke, is getting some kind of a first step. a down payment. ironically they all know what -- in the big picture needs to be done. they know you have to fix entitlements, do something on the tax side, but they're trying to figure out how to get from here to there. >> and let's just stop the
this is clearly a different president obama than the one we saw during the debt ceiling negotiations or even after the midterm elections in 2010 when he felt a little weakened and there was the extension of those bush tax cuts for the wealthy. so i think when you're seeing here is a president who put this on the table, trying to please his base, okay? which got him elected after all. saying, this is my wish list, this is in a perfect world, this is what i would do. i don't think anyone at the...
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Dec 3, 2012
12/12
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you saw the debt ceiling debate that went on last year and there were all these meetings between the white house and congressional leaders and didn't seem like they were working and doesn't work to president obama's advantage and the strategy is to go outside, get some pressure going. and they don't really want to have a meeting or else they lose the mojo and interesting what anna says and i think people are concerned because two weeks ago you have a kumbaya feeling and you're not feeling that now. but it's december 3rd. in the way these things work and we saw this in the payroll tax cut last year, the debt ceiling, the near-government shutdown last year f. you blink you kind of wait until the last minute to do it. >> when no one notices. >> reporter: yeah. i think in a couple of weeks that's when you maybe are really looking for more movement. >> we'll see. thank you so much for joining us this morning. >>> imagine if sea level rose by two feet. that could actually happen within our children's lifetimes. scientists say ice in antarctica is melting faster than expected. bill nye the
you saw the debt ceiling debate that went on last year and there were all these meetings between the white house and congressional leaders and didn't seem like they were working and doesn't work to president obama's advantage and the strategy is to go outside, get some pressure going. and they don't really want to have a meeting or else they lose the mojo and interesting what anna says and i think people are concerned because two weeks ago you have a kumbaya feeling and you're not feeling that...
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Nov 30, 2012
11/12
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meanwhile, the marriott ceo was one of the ceos in the room with president obama this week in the fiscal cliff meetings. many of the executives saying that the white house sounded resounding resoundingly reasonable when describing plans to address the debt and deficit. >> so was this proposal the white house made yesterday with more spending and very few spending cuts, was that what mr. sorenson was expecting out of the gate? he joins us on the telephone with his thoughts. good to have you with us. >> glad to be with you. >> when you were with the other ceos at the white house, does it jive with what we're hearing about that made mitch mcconnell laugh yesterday? are those two plans one in the same? >> well, i'm hopeful that what's happening in the media is posturing by both parties and doesn't reflect where either party thinks a deal will end up. i think what the president talked with us about on wednesday afternoon was much more a sense of where things ought to end up, and that was, i think, somewhat different than it sounds like what was proposed. >> so you didn't hear about the tax in
meanwhile, the marriott ceo was one of the ceos in the room with president obama this week in the fiscal cliff meetings. many of the executives saying that the white house sounded resounding resoundingly reasonable when describing plans to address the debt and deficit. >> so was this proposal the white house made yesterday with more spending and very few spending cuts, was that what mr. sorenson was expecting out of the gate? he joins us on the telephone with his thoughts. good to have...
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president obama said i'm sticking to my guns also. the president is warning the republicans next move will be to use the upcoming vote on the debt ceiling as leverage in the budget battle. let's listen. >> if congress in any way suggests that they're going to tie negotiations to debt ceiling votes and take us to the brink of default once again as part of a budget negotiation, which by the way we have never done in our history until we did it last year, i will not play that game. >> i will not play that game. >> yes. >> is that something republicans are considering, and if so, i guess how would the white house respond? although i guess we're seeing a little bit of it there. >> i think you clearly see how the president would respond. this is where the question of leverage comes in to play. he came out of the election, he says that he ran on this issue of raising tax rates on wealthy. he believes he is very much the leverage in this negotiation and so you don't see him budging. republicans see the little levers that they have in the debt
president obama said i'm sticking to my guns also. the president is warning the republicans next move will be to use the upcoming vote on the debt ceiling as leverage in the budget battle. let's listen. >> if congress in any way suggests that they're going to tie negotiations to debt ceiling votes and take us to the brink of default once again as part of a budget negotiation, which by the way we have never done in our history until we did it last year, i will not play that game. >>...
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Dec 4, 2012
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. >> the biggest problem with president obama is he is a small-pinded president in big times . he talk about 35-39 that doesn't get us out of debt. >> that is tough rhetoric for senator lindd say graham. the president will meet with governors and representatives of big business to discuss the plan and house speaker jone boehner will meet with the governors and plans to conduct rallies with small business owners and not sure when they will sit down and talk again. >> steve: thank you very much, kelley. we heard there are a number of democrats willing to jump off of the cliff schumer to name one. the white house is telling democrat reporters that the president is not eager to but he is willing to go off of the cliff if the republicans don't agree to raising income tax rates. >> gretchen: that is not surprising. on the show, basically all of the cuts that are coming january 1st are part of the dnc platform except for raising taxes on the middle class which would be $2000 per family under $250,000 income. why would this be a smart thing to do. because january when congress is back
. >> the biggest problem with president obama is he is a small-pinded president in big times . he talk about 35-39 that doesn't get us out of debt. >> that is tough rhetoric for senator lindd say graham. the president will meet with governors and representatives of big business to discuss the plan and house speaker jone boehner will meet with the governors and plans to conduct rallies with small business owners and not sure when they will sit down and talk again. >> steve:...
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Dec 2, 2012
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and house republicans had harsh words for president obama after he released a budget proposal suggesting more taxes, more spending. >> he wants the power to raise the debt ceiling without congressional approval and they cannot issue an edict like a monarchy, congress, congress, congress is in charge of the purse. the government has gone wild. >> dave: in that congressman's words has they become a monarchy, explaining from texas, congressman poe. >> good morning, dave. >> dave: how has this administration become like a monarchy? >> well, the president in his proposal basically said, turn everything over to me, give me the power or let me take the power to raise the debt ceiling, that seems to be quite arrogant on his part and if he's serious about it, they be what he's really saying is, i want to spend more money. that's how i want to solve the fiscal cliff problem, is spending more taxpayer money. so, the president doesn't have the authority to raise the debt ceiling, he shouldn't have the authority. congress, as you all mentioned earlier is in charge of the money, the purse in the unite
and house republicans had harsh words for president obama after he released a budget proposal suggesting more taxes, more spending. >> he wants the power to raise the debt ceiling without congressional approval and they cannot issue an edict like a monarchy, congress, congress, congress is in charge of the purse. the government has gone wild. >> dave: in that congressman's words has they become a monarchy, explaining from texas, congressman poe. >> good morning, dave. >>...
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this is why president obama has this country in record debt. that hurt the economy. take-home pay decreased under president obama. we must get entitlements under control. >> rick at the unemployment and housing vouchers. it is 800 billion extra spending. doesn't that have to be cut. >> there is no chance that there will be a dole without entitlement cuts. what sator durbin is talking about is the importance of focusing. if we want a deal you will not doing by taking a wide sprect rum appoach. president clinton was clear when he spoke to the republicans. he pointed out that the biggest driver of the united states debt is medicare. he understands that we have to face up to the medicare problem. we need a solution. >> the conference that rick was referring tompt he said folks, i won and i get to make the decision and he grew the budget by 800 billion every year. one-time stimulus has happened every year of the presidency and the president through tim geithener is making a proposal and raising taxes. >> it is absurd what is in the propose and the president is proposing.
this is why president obama has this country in record debt. that hurt the economy. take-home pay decreased under president obama. we must get entitlements under control. >> rick at the unemployment and housing vouchers. it is 800 billion extra spending. doesn't that have to be cut. >> there is no chance that there will be a dole without entitlement cuts. what sator durbin is talking about is the importance of focusing. if we want a deal you will not doing by taking a wide sprect...
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Nov 30, 2012
11/12
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CURRENT
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a year out two years out, everybody was saying oh obama, toast. he is toast. no way he could get re-elected. he's been such a disaster. you know, couldn't get the debt ceiling increase without giving in on the bush tax cuts and didn't do anything about anything, didn't do anything about immigration reform and da-da-da-da. he was considered absolutely certain to lose. people were writing him off as a one-term president and the speculation about who was going to take his place and plus people were saying they would never be as excited in 2012 as they were in 2008. so it was all of that, you know kind of scenario that was built going into this presidential election and, of course in the last couple of weeks of the election, the romney people were saying saying, we're going to win. no doubt about it. we are going to win. not only that, we are going to win big. look at the size of our crowd. look at the enthusiasm. everywhere romney went, people were turning out, national polls were tied. romney was ahead by one point or two points. it was in the bag for romney. th
a year out two years out, everybody was saying oh obama, toast. he is toast. no way he could get re-elected. he's been such a disaster. you know, couldn't get the debt ceiling increase without giving in on the bush tax cuts and didn't do anything about anything, didn't do anything about immigration reform and da-da-da-da. he was considered absolutely certain to lose. people were writing him off as a one-term president and the speculation about who was going to take his place and plus people...
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Dec 5, 2012
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obama is looking -- is taking a page out of their book. the two things he wants to do is number one, you mentioned before. no congressional approval of a debt ceiling, and second, and they're going to do this one, it looks like, unless some rational democratic senators come to their aid which is change the rules of the senate to make 51 votes all that is necessary to pass a bill in the united states senate. it will eliminate by and large the filibuster. >> every majority wants to do that. >> they're the only ones that will do it. they're threatening to do that. in fact, they're scheduled to vote to do that, to the rules in a way that's never been done before. it's been threatened before, but nobody's ever pulled the trigger on it. it looks like they're willing to pull the trigger to get what they want which is a majority rule to be able to force things down the throats of the american people that they don't want. >> if he gets his revenue but makes no structural change in the way we do business, i mean, if there's no effort to do that but
obama is looking -- is taking a page out of their book. the two things he wants to do is number one, you mentioned before. no congressional approval of a debt ceiling, and second, and they're going to do this one, it looks like, unless some rational democratic senators come to their aid which is change the rules of the senate to make 51 votes all that is necessary to pass a bill in the united states senate. it will eliminate by and large the filibuster. >> every majority wants to do that....
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Nov 30, 2012
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billy cunningham, we're coming up against -- >> sean, what's wrong with the fiscal cliff that obama designed? this is obama's fiscal cliff. if the republicans cave, we'll have a fiscal cliff in about three or four years that's going to be the grand canyon. we're going to go collapsing. it's going to be awful. >> sean: i agree with you. >> we got to fight like william wallace in "brave heart." fight for america. we can win it in the next 30 days. >> sean: i'm with you. leslie, seriously, why can't we have some significant spending cuts now? the president, first of all, said he only wanted $800 billion when he was running, now he's doubled it, but there's no cuts. government can't find waste, fraud, abuse, cut back on their intoxication and power grab with spending? >> i agree that medicare is one program that has a lot of fraud. quite frankly the president has been very clear that they're going to be -- >> sean: when? when? >> democrats and republicans will have to suck it up. when you guys call caving in, i call compromise. >> sean: republicans compromise, cave, and -- >> we're not violating
billy cunningham, we're coming up against -- >> sean, what's wrong with the fiscal cliff that obama designed? this is obama's fiscal cliff. if the republicans cave, we'll have a fiscal cliff in about three or four years that's going to be the grand canyon. we're going to go collapsing. it's going to be awful. >> sean: i agree with you. >> we got to fight like william wallace in "brave heart." fight for america. we can win it in the next 30 days. >> sean: i'm...
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Dec 1, 2012
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obama has said, my way or the highway. his proposal, his budget plan that nobody voted for last year. >> yes and he's asking for more revenue on the debt ceiling he's saying abolish congress' authority to borrow. i want the authority to be in the white house for -- >> sean: obama not leading again. >> it is a giant problem. i am surprised he is out there treating this like a campaign. he's giving speeches and going to campaign events in toy stores and so forth. i'm not sure that solves the problem. >> sean: were you so clear in this book that he blew an opportunity. you are right, he's out campaigning. the problems exist. he's put -- doubled the amount of taxes he wants in terms of -- [ talking over each other ] >> i agree. >> sean: and he wants a blank cheque. where is the criticism of him? i believe you are sincere. where is your criticism that he needs to jump in and lead? >> he does. god knows let's hope he does. because in -- i mean the democrats are living on a fantasy here also. i talked to some of them, they say if
obama has said, my way or the highway. his proposal, his budget plan that nobody voted for last year. >> yes and he's asking for more revenue on the debt ceiling he's saying abolish congress' authority to borrow. i want the authority to be in the white house for -- >> sean: obama not leading again. >> it is a giant problem. i am surprised he is out there treating this like a campaign. he's giving speeches and going to campaign events in toy stores and so forth. i'm not sure...
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Dec 6, 2012
12/12
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meantime, president obama is giving a stern warning to republicans who may be trying to use the debt ceiling as leverage. >> if congress in any way suggests that they're going to tie negotiations to debt ceiling votes and take us to the brink of default once again as part of a budget negotiation, which by the way we have never done in our history until we did it last year, i will not play that game. >> we should say that the president and house speaker john boehner did speak by phone yesterday. that was the first time in a week. no one is saying what the conversation was about. shortly after that call treasury secretary tim geithner went on cnbc and said the white house is ready to go off the cliff. >> if republicans do not agree to that, is the administration prepared to go over the fiscal cliff in. >> absolutely. there's no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest. it's only 2%. >> i want to bring in "usa today" bureau chief and welcome to both of you. where are we in these negotiations, susan? >> i think the most encouragin
meantime, president obama is giving a stern warning to republicans who may be trying to use the debt ceiling as leverage. >> if congress in any way suggests that they're going to tie negotiations to debt ceiling votes and take us to the brink of default once again as part of a budget negotiation, which by the way we have never done in our history until we did it last year, i will not play that game. >> we should say that the president and house speaker john boehner did speak by...
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Dec 3, 2012
12/12
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CURRENT
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the truth is our national debt began to skyrocket under george bush with medicare part d fiasco. year under year under george w. bush, deficit came in at $500 billion. it is finally year of 2007-2008 president obama inherited the mess of trillion dollar annual deficits but none of this has been caused by medicare or medicaid. >> obviously entitlements. those lazy 47 percenters. >> stephanie: maria and david gregory should know better. >> yeah, they do. they're both major news anchors of major news networks. >> they're paying them lots of money to say lies. >> stephanie: the real culprits are the lack of revenue caused by the tax cuts. oh, he sent a helpful pie chart as well. >> we love pie charts. >> we love pie. >> stephanie: i love pie charts and graphs. the military security -- >> pie charts ala mode. >> stephanie: responsible for more than half the remaining spending or the $1.3 trillion. if david gregory would correct guests, american public would know what the main drivers are. >> who would be infected by the top increase? i'm guessing dade gregory and maria bartolome mow.
the truth is our national debt began to skyrocket under george bush with medicare part d fiasco. year under year under george w. bush, deficit came in at $500 billion. it is finally year of 2007-2008 president obama inherited the mess of trillion dollar annual deficits but none of this has been caused by medicare or medicaid. >> obviously entitlements. those lazy 47 percenters. >> stephanie: maria and david gregory should know better. >> yeah, they do. they're both major news...
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Dec 6, 2012
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>> what the white house learned during the first term is that there are some things that work for obama and some things that don't. sitting down at a table with john boehner as essentially equals did not turn out as well as they might have hoped with the debt ceiling talks in 2011. but what did work was that winter when the president went to the country and argued for extending the payroll tax holiday and developed pressure outside of washington, he was a lot more successful. so they have two goals here. one is to keep the pressure coming from outside the beltway and the second is to make sure that this is not a negotiation between the president and boehner, that they want the president essentially floating above this. >> robert, when we talk and i know you had a chance to hear what congresswoman black will to say about trying to find the right balance here, while a majority of americans, say they go completely support raising taxes on wealthier americans, there is also a majority support that says we don't want to see earned benefits messed with, we don't want to see the medicare eligi
>> what the white house learned during the first term is that there are some things that work for obama and some things that don't. sitting down at a table with john boehner as essentially equals did not turn out as well as they might have hoped with the debt ceiling talks in 2011. but what did work was that winter when the president went to the country and argued for extending the payroll tax holiday and developed pressure outside of washington, he was a lot more successful. so they have...
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Nov 29, 2012
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peter: we learned president obama and john boehner spoke for 15 minutes last night. i just bumped into a senior leader among senate democrats and asked him how he felt about this news and he said -- he was more optimistic about these negotiations today. he thought perhaps this man the speaker and the president were exchanging proposals on avoiding the fiscal cliff, john boehner has a press conference at 11:30 after his meeting with tim geithner. connell: we will speak with -- see what the speaker has to say. with all this back and forth, a decent amount of speculation that a deal is starting to take shape. look at the reporting from politico and they put numbers to its save a framework looks like this. taxes for revenue would rise by $1.2 trillion. families making them to $50,000 would see higher taxes which we have been expecting and entitlement programs would be cut by $400 billion, most coming for medicare and, quote, end of war savings peter barnes and others reported many times as being dubious because they counted the previous budget you have another trillion p
peter: we learned president obama and john boehner spoke for 15 minutes last night. i just bumped into a senior leader among senate democrats and asked him how he felt about this news and he said -- he was more optimistic about these negotiations today. he thought perhaps this man the speaker and the president were exchanging proposals on avoiding the fiscal cliff, john boehner has a press conference at 11:30 after his meeting with tim geithner. connell: we will speak with -- see what the...
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debt, raising rates. and responsible cuts on entitlements and discretionary spending versus republicans who are divided against something that is a chicken hawk when it comes to the deficits, that is the boehner approach, or the more extremist position which is absolutely nothing.ç so this is an extraordinary position for the republican party to have evolved into. >> you must respond to what julian just said. >> i like julian an awful lot but i think what he said is entirely wrong. it's fascinating president obama last july, july of 2011, said we can get $1.2 trillion in revenue where we don't have to raise marginal tax rates and close loopholes and julian says most economists agree, in fact, this won't add to the deficit. look, you're only talking about $89 billion a year of the tax dollars of top two drapes. julian and i will agree, however, this deal is not serious. you need to have a lot more on the table for entitlements and -- >> let me correct him on a couple of factual matters. we have already s
debt, raising rates. and responsible cuts on entitlements and discretionary spending versus republicans who are divided against something that is a chicken hawk when it comes to the deficits, that is the boehner approach, or the more extremist position which is absolutely nothing.ç so this is an extraordinary position for the republican party to have evolved into. >> you must respond to what julian just said. >> i like julian an awful lot but i think what he said is entirely...
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yesterday at a business roundtable of ceos, president obama took a hard line, warning his opponents not to consider this strategy. >> if congress in any way suggests that they're going to tie negotiations to dell creting votes and take us to the brink of default once again as part of a budget negotiation, which, by the way, we have never done in our history until we did it last year, i will not play that game. >> well, i wonder, the president's saying, steve, that, you know what, we can raise rates now and maybe lower them later next year so republicans are now saying we can raise rates now. maybe we'll lower them later and we'll talk about it during the debt ceiling. now he's saying no, we're not going to talk about it then either. when would we have this debate when we were renaming post offices in july? can you clarify something for people that are watching? republicans are talking about raising taxes on the rich. and john boehner said that yesterday. we're talking about raising taxes on the rich. we're just not talking about raising the top marginal rate, right? i mean, both sides a
yesterday at a business roundtable of ceos, president obama took a hard line, warning his opponents not to consider this strategy. >> if congress in any way suggests that they're going to tie negotiations to dell creting votes and take us to the brink of default once again as part of a budget negotiation, which, by the way, we have never done in our history until we did it last year, i will not play that game. >> well, i wonder, the president's saying, steve, that, you know what, we...
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couldn't boehner have made a real legacy that said i accept the debt deal that obama and i are negotiating which is essentially his opening offer now? wouldn't that have been the legacy that he could have rested his hat on? >> it would have been interesting. he essentially attempted to be a representative of his caucus rather than a leader of his caucus. >> exactly. >> it would have been interesting. i think he could have either been a great leader or burned and gone -- been taken down. it was a 50/50 proposition. >> all right. matt lewis, thank you so much. >> thank you, matt. >> fascinating. incredible read, "herding cats." >>> still ahead -- it's just cruel. i felt bat readid reading it. you know where i stand. >> cures cancer. >> let's see. >> okay. >>> coming up, we're going to bring in republican congressman tom cole who broke ranks with his party over the tax debate last week. can't wait to talk to him and get his insights. also, we'll be talking foreign policy with national security adviser dr. brzezinski. keep it right here on "morning joe." music is a universal language. but when
couldn't boehner have made a real legacy that said i accept the debt deal that obama and i are negotiating which is essentially his opening offer now? wouldn't that have been the legacy that he could have rested his hat on? >> it would have been interesting. he essentially attempted to be a representative of his caucus rather than a leader of his caucus. >> exactly. >> it would have been interesting. i think he could have either been a great leader or burned and gone -- been...
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>> how will he pass the massive obama tax cut without the house? >> i'm assuming they'd want to have a big tax cut, right? >> no. >> they would sit on their hands post-january 1st and say nothing? >> do you think republicans are so stupid in the house they don't see that move coming and say, you know what? you go ahead and you try to pass your tax cut through harry reid's senate, and we'll pass our tax cut through the house. and good luck. >> so they would just rather have everyone's tax -- i'm shock that that would be the end result. >> harry reid would rather have it his way or nobody's way? >> no, i'm saying you can negotiate in these flex three weeks about this package of tax cuts. >> i don't mean this to be directed towards you -- >> but here it comes. >> -- no, i'm just saying generally, there is such an arrogance in the media since the president won. they think that these house republicans are -- >> have nothing to say. >> -- have absolutely nothing to say. >> i do agree with that. or nothing of value. >> they act as if they were elected by
>> how will he pass the massive obama tax cut without the house? >> i'm assuming they'd want to have a big tax cut, right? >> no. >> they would sit on their hands post-january 1st and say nothing? >> do you think republicans are so stupid in the house they don't see that move coming and say, you know what? you go ahead and you try to pass your tax cut through harry reid's senate, and we'll pass our tax cut through the house. and good luck. >> so they would...
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president obama was asked about that earlier this week and said he doesn't want to play the debt ceiling game anymore. that's where republicans have more leverage than then do on other matters. >> all right. senior political editor mark murray, have a great weekend, sir. >> i want to bring in congressman peter welch from vermont. good to see you again. talked to you last weekend on msnbc. at that point you told me that you thought there was a 50/50 shot we'd go off the so-called fiscal cliff. today speaker boehner said talks were going absolutely nowhere. do you want to take an opportunity to update your prediction, or are you sticking with 50/50? >> well, i'll stick with 50/50, maybe 55/45 we will go off the cliff. essentially what's happening, your report was excellent, i thought. there's a face-saving maneuver that the speaker has to find. he has to find a way to get his members to be able to do that, which they don't want to do. he knows that taxes go up on the top 2%. obama won that in the campaign. the problem that the speaker faces is his members won on a campaign platform they we
president obama was asked about that earlier this week and said he doesn't want to play the debt ceiling game anymore. that's where republicans have more leverage than then do on other matters. >> all right. senior political editor mark murray, have a great weekend, sir. >> i want to bring in congressman peter welch from vermont. good to see you again. talked to you last weekend on msnbc. at that point you told me that you thought there was a 50/50 shot we'd go off the so-called...
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president obama said basically the same thing but added one more hard line to the negotiations. >> if congress in any way suggests that they're going to tie negotiations to a debt ceiling vote and take us to the brink of default once again, as part of a budget negotiation-- which, by the way, we have never done in our history until we did it last year-- i will not play that game. >> late today the president spoke by telephone with house speaker john boehner. no specifics on what they said to each other, but it was their first conversation in a week. eventually the two sides will get down to bargaining over specifics, including entitlements. one idea may be to change the way the government measures inflation. that may sound like a small change, but, as darren gersh reports, it could have a big impact. >> reporter: if the price of oranges goes up, consumers will buy apples and other cheaper foods. we know that. economists call that switching "substitution," but that change in behavior doesn't show up in the official inflation rate. so most economists think the current consumer price ind
president obama said basically the same thing but added one more hard line to the negotiations. >> if congress in any way suggests that they're going to tie negotiations to a debt ceiling vote and take us to the brink of default once again, as part of a budget negotiation-- which, by the way, we have never done in our history until we did it last year-- i will not play that game. >> late today the president spoke by telephone with house speaker john boehner. no specifics on what...
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the federal debt ceiling early next year. timothy geithner says the administration absolutely it prepared to let the economy go over the fiscal cliff unless the republicans accept higher tax rates on the healthy. and the southern philippines struggled to recover from a typhoon that killed nearly 300 people. and what does a day in the life of public buses, trains and subways look like? the answer is part of our science roundup online. hari sreenivasan has the details. >> sreenivasan: the image resembles a lite-bright time lapse. find those pictures and our conversation with a software developer who set out to visualize the 24-hour cycle of urban public transit systems. that's on our homepage. an international telecommunications conference in dubai aims to set new rules for the internet. what's at stake? we take a look in the rundown. and on making sense, economics correspondent paul solman argues both sides of the capital gains tax debate. all that and more is on our website newshour.pbs.org. judy? >> woodruff: and that's the
the federal debt ceiling early next year. timothy geithner says the administration absolutely it prepared to let the economy go over the fiscal cliff unless the republicans accept higher tax rates on the healthy. and the southern philippines struggled to recover from a typhoon that killed nearly 300 people. and what does a day in the life of public buses, trains and subways look like? the answer is part of our science roundup online. hari sreenivasan has the details. >> sreenivasan: the...
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. >> up until now, the gop has ln playing with a load of debt but today president obama has the trump card. joining me now is congresswoman janet can kakowski, member of the progressive caucus and mar sdwree omera, democratic strategist. thank you both for coming on the show tonight. congresswoman, let me start with you. is the gop serious about holding the economy hostage again just to get what they want? >> well, think about the cards that they are holding. they are in favor of tax cuts for the rich. they want to cut tax care programs and medicare and make seniors pay and threaten the economy of the united states of america by defaulting on payments or at least to threaten that. this is not a very popular position among the public. in fact, they will be -- i think it's a suicide mission that they are on, that the american people will make them pay the price. i really don't understand their strategy. >> margie, if you look at the fact that in the 2011 debt ceiling battle senator mitch mcconnell had this to say. he said, i think some of our members may have thought the default issue w
. >> up until now, the gop has ln playing with a load of debt but today president obama has the trump card. joining me now is congresswoman janet can kakowski, member of the progressive caucus and mar sdwree omera, democratic strategist. thank you both for coming on the show tonight. congresswoman, let me start with you. is the gop serious about holding the economy hostage again just to get what they want? >> well, think about the cards that they are holding. they are in favor of...
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the president took his campaign for a debt deal to virginia. we sat down with a middle class family that would be hit with a $4,000 tax hike if republicans refused to budge. >> i'm not going to sign any package that prevents it going up for top 2% but i do remain optimistic that we can get something done for family like this one and that is good for the american economy. >> it's no wonder the president is optimistic. all signs say republicans are getting ready to cave. "the washington post" reports that more and more gop lawmakers to back tax hikes for the rich. republicans are growing alarmed that they could be blamed if washington is unable to resolve the fiscal stalemate. even the president's most outspoken critics are saying, it's time to give in. >> if the bush tax cuts are repealed and everyone's taxes go up, i promise you republicans will be blamed for it. >> so are you saying, then, for pr purposes that they should give into obama on the tax rate in. >> not exactly. well, yeah, i guess i am. >> ka pit late to obama who is -- we don't ha
the president took his campaign for a debt deal to virginia. we sat down with a middle class family that would be hit with a $4,000 tax hike if republicans refused to budge. >> i'm not going to sign any package that prevents it going up for top 2% but i do remain optimistic that we can get something done for family like this one and that is good for the american economy. >> it's no wonder the president is optimistic. all signs say republicans are getting ready to cave. "the...